Monday, September 24, 2007
Level 3 Communications Question #3- Jason Grier
Crowe's strategy for Level 3 Communication is unrealized because Crowe "was able to use the acquisitions to convince investors that Level 3 still had a viable long-term strategic vision." Even though the original strategy failed, which was the purchase of two companies -- Software Spectrum and Corporate Software-- that specialize in selling, installing and the maintaining software, the latter down the road would be a plus because the investors were convinced that it would work. The strategy will also work because Level 3 bought Genuity for less then $300 million, which means that Level 3 now has the customers from Genuity. So everything that has happened was almost unintentional and it was not planned but it ended up working in the end.
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